Japanese AI company Quantum Solutions launched a Bitcoin treasury via its Hong Kong subsidiary GPT Pals Studio, targeting a 3,000 BTC reserve within 12 months.
Japanese publicly listed artificial intelligence company Quantum Solutions said it plans to create a Bitcoin treasury of 3,000 BTC within the next year, an investment of more than $350 million at current prices.
According to a Thursday announcement, Quantum Solutions’ Bitcoin (BTC) treasury will be managed by wholly owned Hong Kong subsidiary GPT Pals Studio Limited. The subsidiary will commence operations with an initial investment of $10 million provided by the international investment firm Integrated Asset Management.
Per the announcement, “the company views Bitcoin as a long-term, strategic reserve instrument.” Quantum Solutions plans to pursue its 3,000 BTC reserve target in stages, depending on market conditions, capital availability and the regulatory environment.
